The Honourable Candice Bergen, Minister of State (Social Development), highlighted the benefits of the Registered Disability Savings Plan (RDSP) during a meeting of Special Olympics senior representatives from all regions of Canada, who gathered in Ottawa today. She encouraged Special Olympics Canada to help raise awareness about the initiative so that more eligible Canadians benefit from this long-term savings plan.
Emphasizing the Government of Canada’s commitment to delivering for Canadian families, Minister Bergen addressed the benefits of the RDSP, which facilitates long-term savings for people with disabilities, their families and caregivers. The remarks were followed by an information session which outlined details of the RDSP and a question and answer period to elaborate on the program.
OTTAWA, Oct. 2, 2014 /CNW/ –
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Quick Facts
The RDSP was announced in Budget 2007 as a long-term savings plan designed to help people with disabilities and their families save for the future.
Since launching the RDSP in 2008, over 90,000 plans have been opened across Canada.
So far, the Government has contributed over $1 billion in bonds and grants into the RDSPs of people with disabilities, helping to ensure long-term financial security for all Canadians.
Quote
“The Government of Canada introduced the Registered Disability Savings Plan (RDSP) in Budget 2007, the first plan of its kind in the world. Since its creation, the RDSP has made a great difference in the lives of Canadians with disabilities and their families—providing long-term financial security and some peace of mind.”
– The Honourable Candice Bergen, Minister or State (Social Development)
“Special Olympics Canada was proud to welcome Minister Bergen and her team to our fall meetings. It was a great opportunity to learn more about the RDSP and how it can benefit our athletes and their families and caregivers. Special Olympics Canada enriches the lives of our athletes on many levels, from sport, health and fitness, to self-esteem and inclusion within their communities. The RDSP is a valuable tool for our athletes and their families to provide some long-term financial security.”
– Sharon Bollenbach, CEO, Special Olympics Canada